Lease agreement

WHATSAPP 91-8075113965 (Querist) 25 May 2014 This query is : Resolved
sirs and madam,

i have a doubt on lease agreement.

here, X is the landlord and Y and Z , are the co-tenants.
Y and Z executed a joint lease agreement , in favor of X.
Now, Z intends to withdraw from the tenancy agreement and Y intends to continue with the tenancy agreement.

if so, what is the new agreement that should be prepared between X and Y ?

whether a release deed by Z ,in favor of
X is sufficient ?

or , altogether, a new lease agreement between X and Y is required ?

please advice me , sirs and madam ...

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ROHIT SHARMA (Expert) 25 May 2014
1. There can be two persons named in the lease document. Both are deemed as a single tenant. Therefore, a release deed by Z ,in favor of X is sufficient.

2. However, do inform the landlord about such agreement between y & Z.

ajay sethi (Expert) 25 May 2014
if Z wants to with draw from tenancy he should inform the landlord . let landlord prepare fresh agreement with Y only

Rajendra K Goyal (Expert) 25 May 2014
Z can withdraw his tenancy by informing landlord.

Sankaranarayanan (Expert) 25 May 2014
i do agree with experts

T. Kalaiselvan, Advocate (Expert) 29 May 2014
A fresh lease agreement deed will avoid many problems in the future.

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